5, DRURY CLOSE, KESSINGLAND, LOWESTOFT, NR33 7ST - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 DRURY CLOSE is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £237,137. It was last sold for £240,000 in October 2022, which was around 15% below the average October 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

5 DRURY CLOSE Sold Prices

Land registry data shows two sales for 5 DRURY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 5 DRURY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 5 OCT	£240,000	£282,419	15% below HPI
2003 14 NOV	£99,950	£126,664	21% below HPI

5 DRURY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 5 DRURY CLOSE sales from November 2003 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 DRURY CLOSE be worth now?

5 DRURY CLOSE might now be worth an estimated £237,137.

This is based on house price deflation of 1.2%, between October 2022 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 5 DRURY CLOSE of £240,000 on 5th October 2022. For the value to have decreased from £240,000 to £237,137 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 DRURY CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DRURY CLOSE has not materially changed since October 2022.

How Large is 5 DRURY CLOSE?

5 DRURY CLOSE is 65m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of semi-detached houses houses in Kessingland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kessingland, and where 5 DRURY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 5 DRURY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

5 DRURY CLOSE: Plot and Title Map

5 DRURY CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 5 DRURY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 DRURY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 DRURY CLOSE?

5 DRURY CLOSE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 5 on DRURY CLOSE.